Table 4 Post-shock equilibrium and fixed wage outcome level change
From: Assessing post-harvest labor shortages, wages, and welfare
σ | Output | Price | Pre emp. | Pre wage | Post emp. | Post wage |
|---|---|---|---|---|---|---|
(mil. Lbs) | ($/lbs) | (ones) | ($/h) | (ones) | ($/h) | |
Pome | ||||||
0.7 | − 518.91 | 0.22 | − 6798.17 | − 0.78 | − 292.88 | − 0.42 |
1.1 | − 493.79 | 0.21 | − 6715.73 | − 0.78 | − 376.42 | − 0.55 |
1.5 | − 431.91 | 0.19 | − 6622.90 | − 0.78 | − 431.46 | − 0.63 |
Prunus | ||||||
0.7 | − 179.90 | 0.30 | − 2343.16 | − 0.78 | − 14.02 | − 0.42 |
1.1 | −171.89 | 0.29 | − 2298.44 | − 0.78 | − 45.32 | − 0.55 |
1.5 | − 150.36 | 0.25 | − 2258.15 | − 0.78 | − 76.04 | − 0.63 |